From the magestic views of the Grand Canyon to the year-round agreeable weather, motorcyclists have many reasons to ride in Arizona. Whether you use your hog to participate in charitable rides or put your bike to work on your daily commute, the importance of securing a motorcycle insurance policy to protect you and your motorcycle cannot be overstated.
Before you search for motorcycle insurance quotes, however, there are several factors to consider.
Arizona Motorcycle Statistics
According to the Arizona Department of Transportation:
- More than 180 motorcycle accidents took place in Arizona during 2012 alone.
- Of those 186 accidents, 142 resulted in injury and 35 were fatal and.
- Motorcycle accidents accounted for just 3 percent of all traffic incidents, yet more than 16 percent of all traffic fatalities.
- Officials estimate that motor-vehicle crashes resulted in $2.9 billion in economic losses in Arizona.
- Riders who were involved in accidents without helmets were nearly twice as likely to be killed.
- As more bikes have hit Arizona roads, the fatality rate has increased 55 percent, from 85 to 132 deaths in 2011 and even more in 2012.
Am I Required to Carry Motorcycle Insurance in Arizona?
Just as for drivers of four-wheel motor vehicles, Arizona state law requires riders of two-wheel vehicles to carry insurance before riding on public streets and highways. The state minimum liability requirements include:
- $15,000 bodily injury coverage for one person in one accident
- $30,000 bodily injury coverage total per accident
- $10,000 property damage coverage per accident
Remember, however, that these are the bare minimum requirements. If you use your motorcycle every day, or you have invested more in your bike than most riders, you may need additional coverage.
Why is Motorcycle Insurance Important?
Motorcycle insurance is a vital part of protecting yourself and others and protecting your bike. It's far easier to steal a motorcycle than a car or truck, and thieves know this very well. And some of the reasons motorcycles are so fun to ride also make them much more dangerous to operate than passenger vehicles.
- They’re small and easy for distracted drivers to miss.
- They’re very fast and maneuverable, which makes them hard too see and even harder to avoid.
- They operate on two wheels and a moment of inattention can result in an accident.
- Operators have no protective devices, such as seat belts or air bags, resulting in far more injuries and deaths once an accident ocurrs.
You also face the risk of a lawsuit should you injure someone else or damage their property while riding your bike. Only a comprehensive motorcycle insurance policy can protect you from these risks.
Can I Find Coverage for My Bike?
Insurance companies offer a wide range of policy coverage options for a variety of motorcycles. If you were able to register your bike with the state, chances of finding coverage are very good. Most insurance providers offer policies on the following types of bikes and more:
- Street bikes
- Standard motorcycles
- Dirt bikes
- Sport bikes
- Touring bikes
- Off-road ATVs and UTVs
What Does Motorcycle Insurance Cover?
Most insurance companies will give you a number of policy options from which to choose. Remember, under state law, you must carry a minimum of liablity protection.
- Liability coverage: Known as “bodily injury and property damage liability,” your motorcycle liability insurance covers the cost of liability claims and legal fees, up to the limits of your policy, if you are at fault in an accident.
- Collision coverage: This helps pay for any repairs needed to your damaged bike after an accident. Some policies offer full replacement cost of your bike, in the event that it is totaled.
- Comprehensive coverage: This policy option will pay for loss or damage due to causes such as severe weather events, vandalism, and theft.
- Medical payments: Covers you in the event that you require hospitalization or medical care.
- Uninsured/underinsured motorists coverage: This will cover you in the event that another driver is at fault in an accident and does not have adequate insurance to pay your costs.
- Accessories coverage: This helps pay for damage or loss to your gear and upgrades, such as transport trailers, sidecars, custom exhaust equipment, and safety apparel like chaps and helmets.
What Will My Motorcycle Insurance Quote Look Like?
Just as no two riders are exactly the same, no two motorcycle insurance policy quotes will be identical. If you have a small Honda that you use for commuting and have a claims-free driving record, you may find quotes for a few hundred dollars a year. However, if you are a new teen rider and you are buying a sports bike, you may see quotes as high as $3,000 to $5,000 per year in premiums.
Most insurance providers take several things into account when they calculate your quote, including:
- Your bike: The make, model and year of your motorcycle will affect the cost of insurance. Newer, more expensive models will see higher quotes. Likewise, more powerful engines will receive higher quotes than their less powerful counterparts.
- The driver: Your age and driving history are also taken into consideration for liability insurance. Statistically speaking, younger drivers are more likely to be in a serious accident, which means the cost of coverage is higher. Motorists with a history of collisions and traffic violations will also receive higher quotes.
- How you use your bike: If you use your bike on a daily basis to get to and from work, your risk of an accident is higher and so your quotes will reflect that. If you only take your motorcycle out on the weekends, you are not as likely to encounter as many hazards.
- How you store it: If you keep your motorcycle locked in a garage when not in use, this will result in lower premiums than if you leave it on the street, as the risk of theft is higher.
The good news is many insurance companies offer discounts if you:
- Take a motorcycle safety course
- Ride safely and remain claims free
- Bundle your motorcycle insurance with other policies, such as your car or homeowners insurance.
Always ask your insurance agent if these discounts are available and be sure to compare several quotes from various providers.
Where Can I Find Motorcycle Insurance?
Just as you shouldn't ride without a helmet, neither should you take your bike out on Arizona streets without the proper protection of motorcycle insurance. The last thing you want to worry about if you have an an accident is whether you can afford the repairs or medical treatment. Knowledgeable independent insurance agents on the Trusted Choice® network are always here to help answer your questions, suggest coverage options suitable to your bike, and even assist you in filing a claim.
These agents have years of experience working with Arizona insurance companies, enabling them to find you only those quotes with the best coverage at the most affordable rates. Contact a Trusted Choice agent near you to find out how you can ride with peace of mind knowing you have a motorcycle insurance policy that meets your needs and budget.